Bunq

Bunq is a digital bank that specializes in providing business banking solutions for small and medium-sized enterprises (SMEs). According to the vendor, Bunq offers a comprehensive suite of features and services tailored to meet the unique needs of businesses, including easy budgeting, business cards, bunq.me payment link, active AutoVAT, scheduled statements, bookkeeping software integration, easy savings, easy bank account opening, easy international transactions.

Key Features

Easy Budgeting: According to the vendor, Bunq allows businesses to manage their money effectively by providing up to 25 sub-accounts, enabling them to allocate funds for different purposes. Additionally, businesses can gain monthly insights into their spending to track and analyze expenses.

Business cards: Bunq offers up to 3 Maestro or Mastercards for free, facilitating seamless payments. According to the vendor, businesses can also benefit from 25 virtual Mastercards for safer online transactions.

bunq.me payment link: According to the vendor, Bunq simplifies the payment process for businesses by enabling them to easily receive payments through a unique payment link shared with clients. This feature streamlines the payment experience for customers, allowing them to make payments directly through the link.

Active AutoVAT: Bunq automates the calculation of Value Added Tax (VAT) on incoming and outgoing payments, saving businesses time and effort. The vendor says that it conveniently saves the calculated VAT in a dedicated sub-account, making it easier for businesses to manage their VAT obligations.

Scheduled statements: According to the vendor, businesses can schedule the delivery of bank statements to their bookkeeper, ensuring easy access to financial records for accounting and auditing purposes. This feature simplifies the process of managing and organizing financial documentation.

Bookkeeping software integration: Bunq seamlessly integrates with popular bookkeeping software, according to the vendor. This integration saves businesses valuable time and effort by facilitating the transfer of financial data between Bunq and the chosen bookkeeping software, streamlining the accounting process.

Easy Savings: According to the vendor, Bunq offers businesses a free savings account, providing an opportunity to earn interest on their capital. This feature allows businesses to grow their savings while keeping their funds easily accessible.

Easy Bank: According to the vendor, businesses can open a full bank account in just 5 minutes using their phone and ID. This user-friendly and efficient banking experience is tailored specifically for small and medium-sized enterprises.

Easy Money: Bunq simplifies international business transactions with multiple EU IBANs and support for over 15 different currencies, according to the vendor. This feature enables businesses to make and receive payments in different currencies, streamlining cross-border transactions.